He runs the PACA theatre on state street and knows everyone.

It protects you the REI and the Home Seller in case the Buyer gets an attorney (ambulance chaser) and sues you for not underwriting the Buyer as per the ATR (Ability to Repay Rules of Dodd Frank), enforced by the CFPB (see http://search.yahoo.com/search?

I once was working at my former janitor job at a theatre during a show.

But without the ATR I really do think I'd have to sue to get the lender to just to give me the full payoff amount.

I actually use autocad for my real job as a technical director for a theatre - Think of it as a GC for designing and building a show for the stage.

Currently have a BA in Technical Theatre.

No value in you getting the ATR to talk to the bank, the agent will do that.  

There are pro tenant and pro landlord courts and judges.The RMLO is a protection from a seller selling on an terms as per the Ability to Repay Rule as to avoiding the penalty of not abiding by the ATR Rule of Dodd Frank if the Buyer brought you to to court saying that "I was not properly underwritten", the penalty can be a judgement in the amount of all down payments, all payments up to 36 months, all attorney costs and all court costs.My advice to operators of rent to own is1.

One of my retail assets has a 55k sqft theatre (50% of GLA).

Smalls theatre is there which has many high profile concerts year long and a big attraction.